The case, reviewed today, will be heard again on Dec. 14,
George Triantafyllides, a lawyer for Kerimov’s companies, told
reporters. The judge will hear testimony from both sides, and
won’t make a final decision that day, he said.

A Sept. 17 order banned Cyprus-registered entities
controlled by Kerimov from any transactions using shares in
Uralkali and Polyus. The move followed a complaint against
Kerimov by Ashot Egiazaryan, a member of Russia’s lower house of
parliament, who claims Kerimov forced him to relinquish 25.5
percent of the Moskva hotel near Moscow’s Red Square.

Egiazaryan filed a request for $2 billion in damages at the
London Court of International Arbitration on Sept. 13, according
to court documents in Cyprus.

Kerimov, ranked by Finans magazine as Russia’s fourth-
richest man with a fortune of $14.5 billion, owns 37 percent of
Polyus, according to a July 2009 company filing, and 25 percent
of Uralkali. The stakes, portions of which are pledged for bank
loans, are currently valued at $3.83 billion and $2.96 billion,
respectively, Bloomberg calculations show.